Freestanding NNN Restaurant
For Sale
$1,800,000
912 State Road 229, Batesville, IN 47006
Church’s Chicken operates the freestanding quick-service restaurant under a new long-term lease structure.
Property Size2,314 SF
Days on Market193
Property Features for 912 State Road 229
General Information
Standard status
Active
Size
2,314 SF
Class
C
Property subtype
Free Standing Building
Building Details
Building Size
2,314 SF
Year Built
1989
Listing Agency:
Latitude Commercial
(219) 864-0200
Listed By:
Brett McDermott · License #RB14050416
(219) 864-0200
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 7:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Latitude Commercial
Investment Insights
Based on property information with market context.
The property is a 2,314 SF freestanding Church’s Chicken restaurant constructed in 1989. The sale-leaseback structure includes a new 15-year absolute NNN lease to be executed at closing, placing property-level operating responsibilities with the tenant under the stated lease terms.
Located at 912 State Road 229 in Batesville, Indiana, the restaurant fronts a commercial corridor positioned between Indianapolis, Cincinnati, and Louisville. The lease also provides one five-year renewal option with 8% annual rent increases, extending the contractual term beyond the initial period if exercised.
Located at 912 State Road 229 in Batesville, Indiana, the restaurant fronts a commercial corridor positioned between Indianapolis, Cincinnati, and Louisville. The lease also provides one five-year renewal option with 8% annual rent increases, extending the contractual term beyond the initial period if exercised.
Key Highlights
- 2,314 SF freestanding Church’s Chicken restaurant
- Constructed in 1989
- New 15‑year absolute NNN lease at closing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 47006, IN
12,761
Population
5,025
Households
2.5
Avg Household Size
41
Median Age
23%
College-Educated
93%
High-School Grad
106.1 sq mi
ZIP Area
120
Density / Sq Mi
$76,220
Median Household Income
$47,715
Median Earnings
$776
Median Rent
$237,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Church’s Chicken operates the freestanding quick-service restaurant under a new long-term lease structure.
Where is this nnn property located?
The property is located at 912 State Road 229 Batesville, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 2,314 SF freestanding Church’s Chicken restaurant; Constructed in 1989; New 15‑year absolute NNN lease at closing
